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Research On The Way Of Arbitration Backdoor Listing

Posted on:2020-03-10Degree:MasterType:Thesis
Country:ChinaCandidate:G LiaoFull Text:PDF
GTID:2439330572492338Subject:Finance
Abstract/Summary:PDF Full Text Request
In recent years,under the trend of global big data,more and more new economic companies have emerged.In order to better finance,expand business and develop in accordance with the rules,new economic companies have stepped up their steps to enter the capital market,and entrepreneurs have turned their eyes to major exchanges.Because of the high requirement of domestic approval,strict supervision and long time-consuming,and the high valuation,low cost,tax and flexible procedures of the peripheral capital market for emerging companies,many emerging companies seek overseas listing or other more flexible forms of listing,among which backdoor listing has become one of the hot ways.However,due to the serious speculation of shell resources,China's Securities Regulatory Commission strictly controlled backdoor listing,so how to choose a feasible backdoor listing mode is crucial.Under the above background,this paper mainly introduces a new backdoor mode of arbitration backdoor listing.Firstly,it analyses the financial situation at home and abroad and the ways and conditions for Chinese enterprises to go public,expounds the background and significance of this topic,and introduces the research status and related theories of backdoor listing at home and abroad.Secondly,taking the existing backdoor listing mode in China as an example,this paper introduces the arbitration backdoor listing path,focusing on the selection of shell resources,the acquisition of control over shell resources and the reorganization of listing,and analyzes the risks of the path and the suggestions for the backdoor companies.Taking the electronic case of calf capital backdoor in Hangzhou as an example,this paper outlines the causes and consequences of the incident,and analyses the causes of backdoor hindrance and the enlightenment it brings.The sixth part is the conclusion,shortcomings and prospects of this paper.It concludes the aspects that should be paid attention to in the arbitration backdoor listing of Chinese enterprises,and points out the shortcomings of this article.It is hoped that more scholars will point out that they hope to verify the success of this model in the future market and provide a backdoor model for more emerging companies.
Keywords/Search Tags:Backdoor listing, Arbitration backup, Shell resources, Calf capital
PDF Full Text Request
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